Optionality
locked/constrained — turnaround leaves little free cash; the US golden-share warrant ties any dilution/sale to keeping >=51% of the foundry, fencing strategic options
Sourced figures 2
- Wikipedia — Intel (foundry ownership warrant) five-year warrant to buy an added 5% if Intel's foundry ownership falls below 51%
- kestrel board.yaml — intel (internal anchor) board.yaml anchor: 'US golden-share warrant tied to keeping >=51% of the foundry'
the working
Threads 2
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Intel.
